Industry Information about Employment
An employment agency’s essential function is to provide placement to those seeking work in temporary, permanent, or short term. In the past decade the industry has been positively recharged by the advancement in technology, the government's plan to get more people off welfare and in a job, the shift to displaying a job seeker’s independent skills on the internet, and the growing need for professionals working temporary positions. Roughly three million workers in the United States use employment agencies to locate temporary work. During the 1990s staffing services was one of the quickest growing sectors of the U.S. economy. The temp agency services doubled between 1994 and 2000. The financial impact of temporary placement services is mainly due to Adecco, the world's largest suppliers of temporary positions and workers.
Recent Trends in Employment
After incredibly successful years during the 1990s, initiated partly by the dot-com and the advancement in technology, employment agencies entered the 2000s at a slow pace, especially employment in New York City. The terrorist attacks of September 11, 2001 noticeably slowed the U.S. economy job market. With no hiring taking place and a cycle of layoffs, employment agencies were flooded with people looking for jobs, and less clients looking for workers. Besides Adecco, Manpower had close to 4,000 owned and franchised offices in 60 countries, mainly France, the United Kingdom, and the United States, meaning job seekers looking for employment in Detroit can visit a franchised Manpower office.
Businesses in This Category
This category covers establishments engaged in providing employment services and/or agencies, which can assist employers or those seeking employment.